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December 6, 2021
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Nigerian Ports Operation To Go Digital By 2025

By Sahel Standard 43 0
The Nigerian Ports Authority (NPA) has stated that deliberate measures and investments are being undertaken to create a fully digital ecosystem in all the country’s port locations by 2025. The Acting Managing Director of NPA, Mr Mohammed Bello-Koko, disclosed this in a statement signed by Mr Ibrahim Nasiru, Assistant General Manager Corporate and Strategic Communications, Continue Reading
Business News Politics

Nigeria’s Low Tax-To-GDP Ratio Not Justification For Increasing Taxes, AfDB Tells FG

By Sahel Standard 156 0
Akinwumi Adesina, president of the African Development Bank (AfDB), says the federal government must exercise restraint in tax increment. He said that the fact that the country’s tax to gross domestic product (GDP) ratio at 6.1 percent remained relatively low was not an excuse for incessant tax increase. The AfDB boss said this on Tuesday […]Continue Reading
Business News Top Stories

Nigerian Bar Association Sexual Harassment Policy 2021: A Review

By Sahel Standard 126 0
The Policy document containing 17 articles was championed and launched by the Nigerian Bar Association Women Forum in support of the Nigerian Bar Association, at the recently completed 61st Nigerian Bar Association Annual General Conference, held on October 27, 2021, at Elekahia, Port-Harcourt, Rivers State. It commenced with a preamble written by the NBA President, […]Continue Reading
Business Commentary News

Investors Gain N641bn In November As Low Returns In Fixed Income Persists

By Sahel Standard 131 0
Equity investors recorded N641 billion gains at the end of the November trading period yesterday, as sentiment shifted to equities following low returns in the Fixed Income (FI) market segment. Analysis of trading statistics for the month shows that the market capitalisation of listed equities rose to N22.579 trillion from N21.938 trillion at the beginning of […]Continue Reading
Business Commentary News

MTN Offers Retail Investors N21 Price Discount As Digital Public Offer Opens Today

By Sahel Standard 115 0
MTN Nigeria Communications Plc is wooing retail investors with a price discount of N21.00 per share as its public offer opens today at N169.00 per share. The Company’s share at the Nigerian Exchange Limited, NGX closed on Tuesday at N190.00 per share. MTN, yesterday, announced the commencement of N97.18 billion public offer to retail investors. […]Continue Reading
Business News

Why Nigeria Did Not Sign The OECD Minimum Corporate Tax Agreement — FIRS

By Sahel Standard 135 0
The Federal Inland Revenue Service (FIRS) has explained why Nigeria did not sign the Organisation for Economic Cooperation and Development (OECD) G20 Inclusive Framework two-pillar solution to tax challenges of the digitalized economy. The OECD G20 Inclusive Framework two-pillar solution proposes a framework of rules aimed at tackling base erosion and profit shifting, and Continue Reading
Business News Politics

Chinese Embassy, Ugandan Government Deny Takeover Of Airport By China Over Loan Default

By Sahel Standard 156 0
The Ugandan government and Chinese embassy in the country have denied viral media reports that China has taken over the Entebbe International Airport. Media reports have claimed that Uganda has “surrendered” its only international airport and other assets in the country to China over an unpaid loan deal. The Ugandan government was said to have […]Continue Reading
Business News Politics

Umahi Increases Revenue Generation Of Ebonyi Through Infrastructural Development – Nwaze

By Sahel Standard 130 0
The Special Assistant to Governor David Umahi of Ebonyi State, Mr. Francis Nwaze, weekend stated that his boss was strategically increasing the State’s revenue generation capacity through infrastructural Development in different parts of the State. Nwaze who stated this during a media chat with Newsmen in his office in Abakaliki added that Governor Umahi was […]Continue Reading